Savings certificates worth around Tk 6.25 billion has been sold in the first month of the current fiscal — nearly the amount sold in the whole of 2012-13 fiscal.
Category: Business
Nat’l Income Tax Day to be observed today
The National Income Tax Day will be observed in the country on Sunday, aiming to create mass awareness about income tax and encourage people to pay tax regularly.
DCCI, BASIS host workshop for 200 IT freelancers
Dhaka Chamber of Commerce and Industry (DCCI) and Bangladesh Association of Software and Information Services held a workshop for 200 IT freelancers here on Saturday to bring them under DCCI’s project of creating 2,000 entrepreneurs.
Illegal tea factory detected in Maulvibazar; 3 held
An unauthorised tea factory was unearthed by police at Alinagar village in Kamalganj upazila of the district on Friday.
Bumper Aus rice production achieved in Rangpur
Farmers have achieved a bumper Aus crop production of 75,372 tonnes clean rice in Rangpur Agriculture Region in the current season.
Changing China set to shake world economy, again
Long after concerns about tightening US monetary policy have faded, a more profound issue will still dog global policymakers: how to handle the second stage of China’s economic revolution.
US stocks: Wall Street rises for 7th straight session
Apple drops US stocks ended higher on Wednesday, with the S&P 500 rising for a seventh straight day, as chances for an immediate military strike against Syria decreased, while a sell-off at Apple limited gains.
Robi receives 3G license
Private mobile phone operator Robi Axiata Limited officially received 3G license from the Bangladesh Telecommunication Regulatory Commission (BTRC) on Thursday. Executive Vice President of Robi Mahmudur Rahman officially received the license from BTRC Chairman Sunil Kanti Bose.
Mobile phone banking client accounts double: Atiur
Mobile phone banking client accounts in the country has almost doubled since March this year, said Bangladesh Bank (BB) governor Atiur Rahman on Thursday.
T-Aman cultivation target exceeds in Gaibandha
Cultivation of T-Aman paddy, a high value crop, has been exceeded in all the seven upazilas of the district during the current season with an expectation of bumper production.
Improved management for enhancing fish production stressed
Experts at a workshop have stressed for adopting latest proven technologies with improved management for carp poly-culture in pond and horticulture on dyke to boost fish and vegetables production in rural areas.
Indian clothes worth Tk1.5cr seized in Benapole
Members of a taskforce in a drive seized Indian smuggled clothes worth Tk1.5 crore from the Jessore-Benapole Road under Benapole thana early Thursday.
Bangladesh retailers alliance appoints human rights veteran as president
The Alliance for Bangladesh Worker Safety reports that human rights expert and attorney Jeffrey Krilla has been named president of the coalition representing 20 North American apparel companies, retailers and brands. Krilla brings extensive foreign policy experience to the position,…
Islami Bank opens branch at Roumari Bazar, Kurigram
Islami Bank Bangladesh Ltd (IBBL) opened a new branch at Roumari Bazar in Kurigram on Wednesday. M Zakir Hossain, Member of Parliament from Kurigram-4 constituency, inaugurated the 280th branch of IBBL as the chief guest at a function.
Award of contract for 360 MW Bheramara Power Plant by next Jan
Officials of state-owned Northwest Power Generation Company Ltd (NWPGCL) has started evaluation of the tender proposals for 360 MW Bheramara Power Plant with a target to award its contract by January next year.
Bismillah Group entities involved plundering Tk 1,200 cr
The Anti Corruption Commission (ACC) has detected that a number of business entities of Bismillah Group were involved in plundering about Tk 1,200 crore from five commercial banks showing fake documents.
ABB eyes wider Bangladesh market
Switzerland’s ABB Group sees ‘good’ business opportunity in Bangladesh as the economy grows despite the country’s volatile politics.
IBBL executive dev programme held in city
Islami Bank Bangladesh Limited (IBBL) organised an Executive Development Programme at Muhammad Younus Auditorium of the Bank Tower in the city on Tuesday.
Export earnings grow 14.74 pc in July-Aug
Bangladesh’s export earnings registered 14.74 percent growth during the first two months (July-August) of the current fiscal year totaling US$ 5,037.73 million compared to $ 4,390.56 million fetched during the same period of the last fiscal (2012-13).
India to review border infrastructure works
A high-level Indian delegation led by a Secretary in the country’s home ministry will review the progress of the Akhaura and Petrapole border infrastructure development works on Wednesday and Thursday respectively.
Boro procurement drive in southwestern dists suffers setback
The government’s procurement target of Boro paddy and rice in 10 southwestern districts in the current season is unlikely to be achieved due to higher price of the food grains at the local markets compared to the procurement rate.
BD ranks 110 in WEF capability index
Dhaka: Bangladesh ranked 110th in the World Economic Forum (WEF) capability index in 2013-14 improving eight steps from last year’s standing.
Creating entrepreneurs: DCCI-BB meet on roadmap
President of Dhaka Chamber of Commerce and Industry (DCCI) met Bangladesh Bank governor Dr Atiur Rahman at his office on Monday to finalise the roadmap for DCCI’s project of creating 2000 new entrepreneurs.
GP 3G launch in Oct
The country’s largest mobile phone operator Grameenphone says its 3G services will be available to certain areas in Dhaka and Chittagong in October.
3G auction held; govt to earn $525 mn
The government will get $525 million as the country’s four private mobile phone operators won licenses for the third generation (3G) cellular mobile phone services at an auction here on Sunday.
Mozena effusive about Bangladesh Agriculture
US Ambassador in Dhaka Dan Mozena on Sunday lauded Bangladesh’s achievement in agriculture.
Jumma elected Bd Thai Chamber president
Sajjatuz Jumma was elected President of the Bangladesh Thai Chamber of Commerce & Industry (BTCCI) for the 2013-15 term in the ninth annual general meeting (AGM) held at the Dhaka Club on Saturday.
Emirates appoints Area Manager in BD
DHAKA: Emirates, one of the world’s fastest growing airlines, has appointed Khalid Ali J Hassan as new Area Manager for Bangladesh.
Record Tk. 224.48 cr revenue collected at Hili Land Port
An all-time record amount of government revenue amounting to Taka 22.4.48 crore, four times higher than the fixed target, has been collected at Hili Land Port (HLP) during the just ended 2012-2013 fiscal year.
Fair prices elude Kurigram jute growers
Jute farmers in Kurigram are not getting fair prices for their produce in the local markets in absence of sufficient buyers.